Chinese private equity firm Tiantu Capital has invested RMB60 million (approximately US$9.4 million) in Chinese restaurant operator Sunshine Kitchen, which specializes in Cantonese cuisine. The investment, which was part of Sunshine Kitchen’s Series A round of funding, was made through the Tianjin Tiantu Xinghua Equity Investment Enterprise fund. Read More
Global multi-stage investment firm Norwest Venture Partners (NVP) has, through its Indian affiliate NVP India, invested INR250 million (approximately US$4.5 million) in Indian healthcare chain Nationwide Primary Healthcare Services. Nationwide plans to use the funding to expand from 15 to 120 clinics over the next 18 months. This is… Read More
Global investment firm Blackstone has announced the final closing of its first dedicated energy-focused private equity fund, Blackstone Energy Partners, with US$2.5 billion in total commitments. The fund will invest in the energy and natural resources sectors globally and has already made six investments valued at more than US$965… Read More
Emerging markets-focused small and medium enterprise investor Small Enterprise Assistance Funds (SEAF) has announced the completion of its July 2012 exit from logistics firm Outsourcing Peru. The owner of Outsourcing Peru repurchased the 53 percent stake owned by SEAF’s Fondo Transandino Peru and repaid the debt financing provided by… Read More
Russian early stage venture capital firm Runa Capital has invested US$5 million in Dnevnik.ru, an online education platform operating in Russia and Ukraine. Dnevnik.ru was launched in 2009 and currently serves over 21,000 schools in Russia and almost 10,000 schools in Ukraine. Runa Capital invests in early stage technology… Read More
A consortium consisting of Olympus Capital, FountainVest Partners and Morgan Stanley Infrastructure Partners has invested US$150 million in Chinese hydropower plant operator Zhaoheng Hydropower. The firms matched their previous US$150 million investment in the company in December 2010. Zhaoheng, which operates hydroelectric plants across seven Chinese provinces, plans to… Read More
Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has announced the exit of its holding in Grupo Financiero Improsa, a Costa Rican financial institution. Darby first invested in the company in 2000 through the Darby ProBanco I Fund, a specialized financial sector fund focused on Latin… Read More
The Carlyle Group has announced the acquisition of a 25 percent stake in Brazilian equipment rental company Grupo Orguel. Grupo Orguel has 75 branch locations in 11 Brazilian states. The investment was made via Carlyle’s US$776 million South America Buyout Fund and Fundo Brasil de Internacionalização de Empresas, a… Read More
Beltone Private Equity, the private equity subsidiary of Egyptian investment firm Beltone Financial, has invested EGP10 million (approximately US$1.6 million) for a 25 percent stake in Bio Pharma Egypt, a manufacturer of private label and branded nutritional supplements. Bio Pharma Egypt plans to use the funding to… Read More
Middle Eastern private equity firm Foursan Group has invested an undisclosed amount in Jordan Dubai Islamic Bank (JDIB), a Jordanian Islamic bank listed on the Amman Stock Exchange. Founded in 2010, JDIB currently has 12 branches in three Jordanian cities. The investment was made through Foursan Capital Partners I,… Read More
(default archive template)